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Tipalti VS InvoiceWorks

Compare Tipalti VS InvoiceWorks and see what are their differences

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  2. » Videos
  3. » Reviews
  4. » Alternatives

Tipalti logo Tipalti

Tipalti is a supplier payments automation solution to streamline all phases of the AP and payment management workflow.

InvoiceWorks logo InvoiceWorks

AP Automation
  • Tipalti Landing page
    Landing page //
    2018-11-18
  • InvoiceWorks Landing page
    Landing page //
    2019-11-04

Tipalti features and specs

  • Automation
    Tipalti automates the entire accounts payable process, reducing manual workload and minimizing errors.
  • Global Payments
    The platform supports multiple currencies and payment methods, making it easier to manage international transactions.
  • Compliance
    Tipalti ensures compliance with tax and regulatory requirements, including automatic tax form generation and validation.
  • Integration
    It integrates well with various ERP and accounting software systems, streamlining financial operations.
  • Supplier Management
    Suppliers can self-serve through Tipalti, updating their information and payment preferences without additional admin overhead.
  • Scalability
    Designed to grow with your business, handling increased transaction volumes efficiently.

Possible disadvantages of Tipalti

  • Cost
    Tipalti can be expensive, especially for smaller businesses or startups with limited budgets.
  • Complexity
    The wide range of features can be overwhelming for some users, requiring a learning curve to fully utilize its capabilities.
  • Customer Support
    Some users have reported slow response times from customer support, which can be critical for resolving urgent issues.
  • Customization
    Limited customization options could be a drawback for businesses with unique or highly specific requirements.
  • Integration Challenges
    Although Tipalti offers integration, some users have experienced difficulties during setup, requiring additional technical support.
  • Dependency
    Relying on a third-party service for critical financial operations introduces a dependency that some businesses may find risky.

InvoiceWorks features and specs

No features have been listed yet.

Analysis of Tipalti

Overall verdict

  • Tipalti is generally well-regarded as a solid solution for businesses looking to automate and simplify their financial operations, especially those dealing with a large volume of suppliers or global transactions. Its ease of integration and extensive features make it a strong contender in the fintech space.

Why this product is good

  • Tipalti is a comprehensive financial operations platform that streamlines the accounts payable process. It is known for its robust automation features, ability to handle global payments, and ensure compliance with tax and regulatory requirements. Users often highlight its efficiency in reducing payment errors and the administrative burden associated with managing multiple financial systems.

Recommended for

  • Businesses dealing with high-volume financial transactions
  • Companies with a complex supplier network
  • Finance teams seeking to automate accounts payable functions
  • Organizations requiring global payment solutions
  • Enterprises needing to ensure compliance with tax and regulatory requirements

Tipalti videos

+ Add

Tipalti | Interview with its Co-Founder & CEO - Chen Amit

More videos:

  • Review - New Tipalti Account Integration

InvoiceWorks videos

No InvoiceWorks videos yet. You could help us improve this page by suggesting one.

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Category Popularity

0-100% (relative to Tipalti and InvoiceWorks)

Tipalti

InvoiceWorks

Accounts Payable
92 92%
Accounts Payable
8% 8
Invoice Management
94 94%
Invoice Management
6% 6
Accounting
87 87%
Accounting
13% 13
Online Payments
90 90%
Online Payments
10% 10

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Tipalti and InvoiceWorks

Tipalti Reviews

The Top Alternatives to Bill.com
Tipalti makes AP processes invisible by cutting out the manual work and wiping out 80% of the workload managing payables, so you can align your resources to focus on mission-critical activities instead of back-office financial operations. Tipalti enables a complete touchless invoice processing workflow with machine learning (ML) powered OCR technology that captures both the...
Source: tipalti.com
Best Accounts Payable Software for 2022
Why we like it: Tipalti’s OCR technology can alleviate some of the mind-numbing data entry work around manually keying in invoice data. The program can also match purchase orders with invoices. Live support is a valuable feature. The expense — especially since there’s no free trial — may put it out of range for some small businesses, though.
Source: www.nerdwallet.com

InvoiceWorks Reviews

We have no reviews of InvoiceWorks yet.
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What are some alternatives?

When comparing Tipalti and InvoiceWorks, you can also consider the following products

Bill.com - Your financial operations platform. The intelligent way to create and pay bills, send invoices, manage expenses, control budgets, and access the credit your business needs to grow—all on one platform.

AvidXchange - Liberate Your AP

Stampli - Interactive Invoice Management. Instant Relief for AP.

PayStand - PayStand is a payment & eCommerce checkout system

MineralTree - Automated invoice & payment processing software.

Docsumo - Extract Data from Unstructured Documents - Easily. Efficiently. Accurately.

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